One purpose of a scorecard is to demonstrate value for such multiple stakeholders as customers, employees and investors.
Financial Component.
Customer Component.
Processes Component.
Learning and Growth Component.
What is the definition of a balanced scorecard?
The balanced scorecard is a strategic planning and management system which takes into account non-financial aspects of corporate performance, such as customer satisfaction and business processes, to create a complete picture of how the company is likely to perform in the future.
What is the difference between Stern and aft?
Aft, in naval terminology, is an adjective or adverb meaning, towards the stern (rear) of the ship, when the frame of reference is within the ship, headed at the fore. The corresponding adjective, in distinguishing one feature of the vessel from another is after. See the caption to the right. Its antonym is forward.
What do you call the left side of the ship?
When looking forward, toward the bow of a ship, port and starboard refer to the left and right sides, respectively. In the early days of boating, before ships had rudders on their centerlines, boats were controlled using a steering oar. This side became known as larboard, or “the loading side.”